Dividend on US$ pref shares

RNS Number : 8495A
HSBC Holdings PLC
08 February 2011
 



 

 

8 February 2011

 

 

DIVIDEND ON 6.20% NON-CUMULATIVE US DOLLAR PREFERENCE SHARES, SERIES A
("SERIES A DOLLAR PREFERENCE SHARES")

 

 

In 2005 1,450,000 Series A Dollar Preference Shares were issued for a consideration of US$1,000 each and Series A American Depositary Shares, each of which represents one-fortieth of a Series A Dollar Preference Share, were listed on the New York Stock Exchange.

 

A non-cumulative fixed-rate dividend of 6.20 per cent per annum is payable on the Series A Dollar Preference Shares on 15 March, 15 June, 15 September and 15 December for the quarter then ended at the sole and absolute discretion of the Board of HSBC Holdings plc. Accordingly, the Board of HSBC Holdings plc has declared a dividend for the quarter ending 15 March 2011. The dividend of US$0.3875 per Series A American Depositary Share will be payable on 15 March 2011 to holders of record on 1 March 2011.

 

Any person who has acquired Series A American Depositary Shares but who has not lodged the transfer documentation with the depositary should do so before 12 noon on Tuesday, 1 March 2011 in order to receive the dividend.

 

By order of the Board

 

R G Barber

Group Company Secretary

 

ends/more

 

Note to editors:

 

The HSBC Group

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,000 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,418 billion at 30 June 2010, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

 

ends/all


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DIVLIFLTFTITIIL
Investor Meets Company
UK 100